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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Rockford, MI
Listed for sale 1 day ago
$ 344,999
ROI
26.4
Cash Flow/m
633- 3 Bed
- 3 Bath
- 1572 sft
6897 Myers Lake Ave NE, Rockford, MI, 49341
$ 789,900
ROI
23.7Cash Flow/m
791- 4 Bed
- 3 Bath
- 2399 sft
8332 Ramsdell Dr NE, ROCKFORD, MI, 49341
Listed for sale 1 day ago
$ 385,000
ROI
26.4Cash Flow/m
713- 4 Bed
- 2 Bath
- 1950 sft
7920 Ten Mile Rd NE, Rockford, MI, 49341
Listed for sale 1 day ago
$ 349,000
ROI
30.0Cash Flow/m
990- 3 Bed
- 2 Bath
- 1980 sft
11595 Thirteen Mile Rd NE, Rockford, MI, 49341
Why Invest in Rockford, Michigan?
Investing in Rockford, MI offers a unique opportunity for real estate investors seeking steady returns. The local market boasts an average ROI of 6.2% and a rental yield of 7.5%, making it attractive for rental property investments. Cap rates remain favorable at around 5.8%, while average cash flow stays positive, supported by a strong renter-occupied rate of 45%. With average rents near $1,200 and property appreciation at 3% annually, Rockford presents solid growth potential backed by government data.
6.2%
Avg. ROI
7.5%
Rental Yield
5.8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Rockford, MI is approximately 7.5%, indicating good rental income relative to property values.
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